After the markets closed, a letter from Steve Jobs was released Wednesday afternoon, in which he said he’s immediately resigning as CEO of Apple Inc., but will remain Chairman of the Board and an Apple employee. As expected, COO Tim Cook is assuming the CEO position full time; he had served as interim CEO during […]

Zooming way, way past Wall Street estimates, at least for the most part, Apple announced Wendesday that its third-quarter profits soared nearly 125% over the same quarter last year, to $7.31 billon, or $7.79 per diluted share. Total sales through June 25, 2011 reached $28.57 billion. As I said, way, way ahead of Wall Street […]

As loads of users of Final Cut Pro lambast Apple for not releasing a new version with the exact same look and features as the old — and then some — I suppose some are wondering whether the this means Apple is losing their mojo. And I should point out that Apple is now reportedly […]

So the published reports have it that Apple moved roughly two million of the second generation Apple TVs as of the end of the last quarter. So it appears that, in the scheme of things, Apple’s latest attempt to find a place in the sun — or your living room — next to existing set […]